Investec Bank Limited
 (Incorporated in the Republic of South Africa)
 (Registration number: 1969/004763/06)
 Issuer code: BIINLP
 LEI No: 549300RH5FFHO48FXT69

New Financial Instrument Listing Announcement – IVC285

Application has been made to the JSE Limited (“JSE”) for the listing of R30,000,000 (thirty million
Rand) senior unsecured floating rate credit linked Notes (stock code IVC285), under Investec Bank
Limited’s Credit Linked Note Programme dated 17 March 2021.

The IVC285 Notes will be issued to Noteholders on the date of listing being with effect from
30 November 2023 commencement of trade.

Salient features of the IVC285 Notes are listed below:

Issuer                                                      Investec Bank Limited

Principal Amount                                            R1,000,000 per Note on the Issue Date

Instrument                                                  Senior unsecured credit linked Notes

Issue Date                                                  30 November 2023

Nominal Amount per Note                                     R1,000,000

Interest Rate                                               JIBAR-SAFEX with a Designated
                                                            Maturity of 3 months plus a margin of:
                                                            2.50% (two-point five zero percent) for
                                                            the period beginning on and including
                                                            the Issue Date to but excluding the
                                                            Scheduled Maturity Date (adjusted in
                                                            accordance with the applicable
                                                            Business Day Convention)


Scheduled Maturity Date                                     20 January 2031

Optional Redemption Date (Call)                             N/A


Issue price per Note                                        100%

Final Redemption Amount per Note                            The outstanding Principal Amount per
                                                            Note (plus accrued unpaid interest, if
                                                            any, to the Scheduled Maturity Date)

Interest Commencement Date                                  Issue Date
Books Close Period                              The Register will be closed from
                                                (i)     11 March to 20 March, 11 June
                                                        to          20          June,
                                                        11 September to 20 September
                                                        and 11 December to 20
                                                        December, in each year (all
                                                        dates inclusive) until the
                                                        Applicable Redemption Date;
                                                        or
                                                (ii)    10 (ten) days prior and
                                                        including any Payment Day


Last Day to Register                            10 March, 10 June, 10 September and
                                                10 December in each year, or if such
                                                day is not a Business Day, the Business
                                                Day before each Books Closed Period,
                                                or, if item 40(ii) above is applicable, the
                                                Business Day immediately preceding
                                                the commencement of the Books
                                                Closed Period

Interest Payment Dates                          Means 20 March, 20 June, 20
                                                September and 20 December in each
                                                year and the Scheduled Maturity Date
                                                or, if any such day is not a Business
                                                Day, the Business Day on which
                                                interest will be paid, as determined in
                                                accordance with the applicable
                                                Business Day Convention (as specified
                                                in the Applicable Pricing Supplement)
                                                with the first Interest Payment Date
                                                being
                                                20 December 2023


Business Day Convention                         Following Business Day

JSE Stock Code                                  IVC285

ISIN                                            ZAG000201617


Aggregate Nominal Amount of Notes Outstanding   ZAR12,308,252,406 (Twelve billion three
under the Programme after this issuance         hundred and eight million two hundred and
                                                fifty two thousand four hundred and 6
                                                Rand).
The Pricing Supplement does not contain any additional
terms and conditions or changes to the terms and
conditions as contained in the Programme
Memorandum.

Investors should study the Applicable Pricing
Supplement for full details of the terms and conditions
applicable to these Notes.


Date: 29 November 2023
Debt Sponsor:
Investec Bank Limited
Bongani.Ntuli@investec.co.za